SOLEA AG Enters into a Strategic Partnership with Heidelberg Solar to enter the Indian Market
Source: Solea AG
Plattling/Bangalore/Heidelberg - Solea AG, one of the leading Solar EPC companies from Bavaria, Germany announced a strategic partnership with Pinpoint Ventures Holding (Heidelberg, Germany) to enter the Indian market. Heidelberg Solar Private Limited (HSPL), a subsidiary of Pinpoint in Bangalore will be responsible for executing the solar projects in this partnership. Solea AG offers its EPC services through HSPL in the Indian market.
Initially the Heidelberg Solea partnership will concentrate on the South Indian states and will develop projects of size between 1 and 50MW each. A total of approximately 200MW of projects are planned to be developed within the next 3 years.
Solea AG brings through its partnership, the advantages of the German engineering and Project Management. Solea has developed more than 250 MW of power in Germany and other countries. Solea Group has an experience of building more than 135 grid based solar plants.
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